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Renowned Stylist Jawed Habib Accused of Duping Investors in Alleged Crypto Scam

Summary

  • Jawed Habib and family face over 20 cases for duping people of Rs 5-7 crores
  • Victims were misled into investing in Follicle Global Company with promises of high returns
  • Over 150 individuals lost lakhs in the scam
Renowned Stylist Jawed Habib Accused of Duping Investors in Alleged Crypto Scam

As of October 9th, 2025, renowned hair stylist Jawed Habib and his family are facing over 20 cases for allegedly defrauding people of Rs 5-7 crores. According to the Sambhal Superintendent of Police (SP) Krishan Kumar Bishnoi, the alleged fraud was carried out under the banner of Follicle Global Company (FLC).

Victims were reportedly misled into investing in FLC with promises of unusually high returns. Over 150 individuals are said to have lost lakhs of rupees in the scam. The police have requested that more victims come forward to file complaints.

This is not the first time Habib has been accused of fraudulent activities. In September, he and his son were booked by the Uttar Pradesh Police in an alleged cryptocurrency scam. The authorities are now investigating the latest case and urging the public to provide any information that could aid the investigation.

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Jawed Habib, a renowned hair stylist, is accused of duping people of Rs 5-7 crores through an alleged cryptocurrency scam and fraud involving his company, Follicle Global Company (FLC).
Over 150 individuals are reported to have lost lakhs of rupees in the scam involving Jawed Habib's Follicle Global Company.
The police have registered over 20 cases against Jawed Habib, his wife, and son, and are urging more victims to come forward with complaints. They are also investigating the alleged fraud.

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